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National average resumes descent- how long?

GasBuddy Blog
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It's the million dollar question as we head towards Christmas and the New Year- how long will the national average continue to drop? Well, to be blunt, we don't know exactly. We can venture a guess, certainly, but to ascertain the exact price of gasoline or how long the drop will last is difficult.

I wasn't a believer that the national average would continue a strong downward drop going into Christmas, and I've backed off on that prediction slightly, saying a national average of $3.25-$3.35/gal is possible by Christmas. And while the average has now fallen under $3.40/gal, its possible that things fizzle out and hold where they are for the time being.

Gasoline prices can undergo an "identity crisis" if you will during this...

SKIDSTEER85XT writes: I BELIEVE THAT IN THE LONG RUN GAS PRICES WILL DROP DUE TO INCREASE PRODUCTION IN PLACES THAT HAVE NEVER PRODUCED GAS BEFORE._____Writing a post in caps is akin to shouting. Gives the Cap Lock key a rest.

Who is fooling who?prices in my area went up 20 centsmy favorite station went from 2.919 to 3.099 in the span of a tank of gas.even the walmart/murry station raised its prices twice in the past week.somebody is playing games.

Remember, The Gov makes more money on a gallon of gas than the company that found the oil, drilled for it, pumped it out, moved it to refinery, converted it in to Gasoline, delivered it to you local Gas Station and allow you to fill up your car.

IN THIS CASE WHAT GOES DOWN WILL COME BACK UP. The people can only do so much & no matter how little fuel we use the Speculators & suppliers WILL just keep charging more per unit so they end up making the same amount of money. It won't matter what the fuel is the population must have & use Energy to survive. As long as the Gov. Allows. uncontrolled Speculation on commodities, doesn't restrict export or apply a high enough export tax, and allows oligopolies to control prices, they WILL seize control of any energy source & continue to hold the people hostage. Part of the Gov. Job is to protect the people from what they can't individually protect themselves, such as all of these things I outlined, & they are not doing that.